Splash Beverage Group Inc. SBEV Archives

MondaySep 26, 2022 9:20 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Targets Sufficient Inventory, Expansion Support with $3.1M Public Offering

Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has secured funding for expanded distribution through an offering of common stock. The offering is for gross proceeds of an estimated $3.1 million, before deducting for underwriting discounts, commission and other expenses. In the announcement, the company noted previously announced distribution and retail chain agreements with an array of entities, including Target stores, ampm, Circle K, 7-Eleven, UNFI, Carey Distributors, Wantz Distribution, Central Distribution, Buck Distributing, and Lohr Distributing, among others. “This capital raise is to ensure we have sufficient inventory to fill orders and support the significant…

FridaySep 23, 2022 11:34 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Commences $3.1M Underwritten Public Offering

Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has announced a proposed underwritten public offering of its common stock. According to the announcement, the proposed offering consists of 2,000,000 shares of common stock priced at a public offering of $1.55 per share, with gross proceeds of an estimated $3.1 million prior to deducting standard expenses. The proposed offering is pursuant to a “shelf” registration statement SBEV filed with the Securities and Exchange Commission (“SEC”) last year; the SEC declared the statement effective on Oct. 8, 2021. The company also announced that it has granted a 45-day…

ThursdayJul 29, 2021 2:54 pm

QualityStocksNewsBreaks –Splash Beverage Group Inc. (NYSE American: SBEV) CEO Featured in SmallCapVoice.com Interview

Splash Beverage (NYSE American: SBEV) chairman and CEO Robert Nistico was the featured guest in a recent SmallCapVoice.com interview. SmallCapVoice.com is a corporate investor relations firm recognized for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. During the interview with host Stuart Smith, Nistico talked about Splash Beverage’s business strategy as well as industry trends and metrics. Nistico noted that corporate success is often proportionate with qualified leadership, and Splash Beverage leadership includes a highly experienced management team, a strong board of directors, and a roster of professionals who…

TuesdayJul 27, 2021 12:58 pm

QualityStocksNewsBreaks – Splash Beverage Group Inc.’s (NYSE American: SBEV) SALT Tequila to be Launched by Leading Distributor in Florida’s Treasure Coast

Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that Southern Eagle Distributing, the leading beverage distributor in Florida’s Treasure Coast, will market and distribute SALT Tequila to more than 2,000 retailers in its service territory this summer through numerous planned launch activities and events. “When we acquired Copa di Vino, the leading producer of premium wine by the glass in the U.S., not only did we get an iconic brand, we got access to a network of retail locations, ecommerce outlets and 82 Anheuser Busch distributors, which are now adding other Splash products…

MondayJul 19, 2021 1:17 pm

QualityStocksNewsBreaks –Splash Beverage Group Inc. (NYSE American: SBEV) Releases Updated Revenue Guidance, Forecasts 436% YoY Revenue Growth

Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, including SALT Citrus flavored tequila, released its forward-looking revenue guidance for Q3 and Q4 2021 fiscal year as well as fiscal year 2021 results. The company is currently in its third quarter, and the announcement noted that it anticipates revenue of $4.14 million, which would be an increase of 34% sequentially and 310% over the same quarter in 2020. Splash also released its projected FY Q4 2021 results, which should reach an estimated $5.78 million, a sequential quarterly increase of 39% and a comparative quarterly increase of 366%.…

WednesdayJul 14, 2021 11:56 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Pursuing Vertically Integrated Business Strategy Through Qplash Platform

Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that it has integrated Oracle’s NetSuite software into its Qplash ecommerce sales and distribution platform. The integration has worked to fully automate the platform’s systems from order to shipment. “We are building out Qplash with best-in-class systems that enable us to optimize margins and accelerate the rollout of our current brands both to distributors and direct to consumers,” said Splash CEO Robert Nistico. “While continuing to build partnerships with the largest beverage distributors in the U.S. and internationally, Splash is pursuing a vertically integrated business…

TuesdayJul 13, 2021 12:40 pm

QualityStocksNewsBreaks – Splash Beverage Group Inc.’s (NYSE American: SBEV) Go-Anywhere Copa Di Vino Positions Company as Post-COVID World Moves Forward

Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, is positioned with a unique offering as the wine market moves forward post COVID-19. Under previous quarantine and lockdown restrictions brought on by the pandemic, people spent more time at home preparing meals, enjoying an evening drink and discovering new wines. More people learned that having various wine styles available to them at home gives them flexibility and choice for different occasions. “Splash Beverage, the exclusive producer of Copa Di Vino, could see these trends strengthen its position as the leading producer of premium wine by the…

TuesdayJul 06, 2021 10:10 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Engages Eagle Brands to Launch SALT Tequila into Miami-Dade and Neighboring Markets

Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that its SALT tequila is now distributed by Eagle Brands Inc., a family owned juggernaut in the beverage distribution business. According to the update, the agreement ensures a large increase in exposure for SALT tequila, as the product will be the focus of several launch activities and events. “We’re thrilled to engage Eagle Brands to launch SALT tequila into the Miami-Dade and neighboring markets. With over 300 experienced and motivated Eagle Brands team members, we are confident SALT tequila will experience rapid market exposure under…

WednesdayJun 30, 2021 1:37 pm

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) in ‘Hyper-Growth’ State, Poised for 2H 2021 Surge

Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, today issued an update on its positioning for surging growth. The update indicates that, while the company may be under the radar to some, beverage industry competitors are taking notice, particularly after SBEV’s entry into a potentially transformative distribution deal in China earlier this month. The deal added to six other significant agreements already in place with their combined power enough to drive substantial growth in the back half of this year. “However, with SBEV in a state of hyper-growth, expect much more,” the update reads, further…

MondayJun 28, 2021 11:37 am

QualityStocksNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Model Leverages Synergistic Acquisitions

Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, has expanded its Tequila footprint in Tampa Bay, a region known for having a high population of millennials. “Tampa is a hotbed for millennials, people aged 24-39 by common definitions, as the median age of a Tampa resident is 34.7 years. The ethos of millennials is rooted in experience and variety, an identity lending to the increased popularity of tequila,” reads a recent article. In January, Splash acquired Copa Di Vino; with this acquisition came a relationship with Pepin Distributing, a 54-year-old wine and spirits distributor that…

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